Walmart testing a phone-based “unlocking” system to prevent theft — Quartz

Walmart is testing a smartphone-based system for unlocking antitheft containers in its stores:

“Should Walmart roll out the system across its more than 4,600 locations, it could mark a significant shift in how retailers handle ‘shrink’ — inventory lost due to shoplifting — while meeting customer expectations. The company did not immediately respond to Quartz’s request for comment.“

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